FREE DUROV
Crypto Overview
Overview
Free Durov (DUROV) is a cryptocurrency created in 2024 by supporters of Pavel Durov, the founder of Telegram messaging app, in reaction to rumors about Telegram potentially going public.
Purpose and Utility
The token's stated purpose is to show support for keeping Telegram as a privately held company. However, it appears to be primarily used for speculative trading with no clear utility beyond that.
Business Model and Operations
The project appears to be community-driven without a formal business structure. There is no whitepaper or official roadmap. The token operates on the BNB Smart Chain.
Development Activity and Adoption
There is minimal development activity visible. The project maintains a basic website and social media presence. Trading occurs primarily on decentralized exchanges.
Token Distribution
Information about token distribution and founder holdings is not publicly available, which raises some transparency concerns. However, this alone does not make the token haram since actual asset ownership and trading occurs.
Assessment of Activities
The token involves real asset exchange through trading on decentralized exchanges. While it currently has limited utility beyond trading, the activities involved (buying, selling, and holding tokens) constitute legitimate asset ownership and exchange rather than gambling.
Crypto Impact
To assign a comfort level investing in FREE DUROV from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to FREE DUROV.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.